Moontoast moves HQ to Boston

Social marketing startup Moontoast has moved its headquarters to Faneuil Hall in Boston from Andover and made two executive hires.

The larger office is located at the 4 South Market building and will provide more space for the company's growth, the company said. Moontoast said it employs 16 in Boston and another 16 at its Nashville office.

The company also said its new VP of business development is Anand Raman, who left as VP of digital programs at inStream Media to join the company. Moontoast has also named a new VP of sales, Ryan Burke, formerly the senior VP of sales at Compete.

Moontoast offers a "social activation engine" that enables brands to "effectively focus their social efforts on relationships, relevancy and results through a library of social engagement and commerce applications distributed on Facebook, Twitter, Pinterest, blogs and affiliate websites."

The company is backed by $10 million in funding from investors including the The Martin Companies of Nashville.

PeerTransfer now serves 200+ schools

Boston startup peerTransfer said Tuesday it is now serving 214 colleges and universities with its service, which aims to provide a cheaper and easier international transfer of tuition funds.

The company said it now serves 28 percent of the U.S. higher education market, and that it has doubled its list of schools in the past six months.

The startup is backed by $8.5 million from investors including Boston-based Spark Capital (backer of Twitter, foursquare and Tumblr) and Accel Partners of Silicon Valley (Facebook, Spotify, Cloudera), along with local backer Boston Seed Capital.